The oil industry shed 51,000 US jobs in March
The oil and gas industry shed nearly 51,000 drilling and refining jobs in March, a 9% reduction that is likely to get worse as futures prices fell into negative territory Monday.
oil industry
‘Business as usual’ for US oil industry despite Trump government shutdown
The partial U.S. government shutdown has docked fishing boats in Alaska, delayed public meetings on a proposed wind farm off the Massachusetts coast and blocked pharmaceutical companies from seeking approval for new drugs.
Nigeria agrees one-month ceasefire with militants
Nigeria has agreed a one-month ceasefire with militants including the Niger Delta Avengers in the oil-producing southern region, a petroleum ministry official said on Tuesday.
Climate change sceptic cites Bible for oil industry support
A climate change sceptic MP has quoted the Bible in search of support for oil companies.
US oil firms up their game but still lag behind in LGBT equality
Oil and gas companies in the United States are lagging behind other industries when it comes to implementing policies that are inclusive of lesbian, gay, bisexual and transgender employees, according the Human Rights Campaign Foundation's Corporate Equality Index.
Action call on “worst ever industrial crisis”
The Scottish Government has been challenged to tackle the "worst industrial crisis" in the country's history - and help the offshore industry plan for a brighter future.
75,000 sign petition for release of oil man facing 350 lashes in Saudi
More than 75,000 people have signed a petition urging the release of a British grandfather who reportedly faces 350 lashes after breaking the law in Saudi Arabia when he was caught with home-made wine.
Family’s plea for British former oil worker facing 350 lashes in Saudi
The family of a British former oil worker sentenced to 350 lashes in Saudi Arabia has pleaded with authorities to let the “frail” man come home.
Greens call for North Sea oil industry to be nationalised
Scotland should nationalise its oil industry to break its dependence on “distant multinationals and neoliberal forces”, and cut down on drilling, according to a report commissioned by the Scottish Greens.
Ian Kirk – Speaker Profile
Ian Kirk is the managing director of the award-winning Downhole Products, a world market leader in the design, manufacture and supply of casing accessories and completion tools.
Moore wants clarity on oil
Scottish Secretary Michael Moore has called for clarity when debating the future of North Sea oil in terms of independence.
The Genesis of Offshore Europe
A special celebration is being planned in the Granite City this September to mark the 40th anniversary of Offshore Europe. Yes, four decades have swept past since this now famous event was first staged in March 1973 in the grounds of Aberdeen University and Aberdeen Arts Centres. Founder David Stott recalls those beginnings.
Svensen chosen for TWMA role
TWMA of Aberdeen, an integrated drilling services and environmental solutions provider to the oil industry has hired Leif Ove Svensen as its Scandinavia region manager. He brings more than 22 years' experience to the job and has held various senior positions.
Phuel invests in US base
Phuel Oil Tools said yesterday it had invested more than £300,000 in a facility in the US to meet growing international demand.
Brazil – striving for gold in Rio
So, the London 2012 Olympic Games have been broadly hailed as a huge success. The impressive sports facilities were ready on time, the city's transport system functioned well and Londoners generally kept working as usual.
Show ‘not OE competitor’
A new oil show to be held in Norway the month before Offshore Europe (OE) 2013 in Aberdeen was cautiously welcomed by north-east organisations yesterday.
Cable gives backing to industry in North Sea
The North Sea oil and gas industry was given the backing of UK Government business heavyweight Vince Cable yesterday at an energy summit held to coincide with the Olympics.
Oil and gas opportunities in Africa for Scottish firms
With strong historical, linguistic and constitutional ties to the UK, a number of countries on the African continent offer lucrative opportunities for Scottish businesses with international growth ambitions.
Argentina claims five UK oil firms operating illegally
Argentina has asked stock markets in New York and London to warn investors of its claim that five UK-listed oil firms were working illegally off the Falklands.
Budget benefits are a step in the right direction
The new measures for oil and gas not only represent a reversal of the acknowledged “faux pas” in last year’s budget but also recognise the contribution the industry can and is making to the UK’s economic growth.
Praise for North Sea regulation, but still room for improvement
Safety and environmental regulation in the UK North Sea oil industry has come in for praise in an independent review.
Orkney rides the next wave in renewables
The waves thunder into the shoreline at Billia Croo on Orkney mainland's west coast.
Oil worker’s friends and family raise £6,000
FAMILY and friends of one of the victims of a helicopter crash in the North Sea two years ago have collected £6,000 in his memory.
Norwich MP takes on oil industry taxation role
A NORWICH MP has been given a key Treasury role charged with handling economic issues, including North Sea oil taxation.
BP hails £4.5bn oil field go-ahead
BP said the story of North Sea oil still has a "long way to run" after the company today received the go-ahead for a major £4.5 billion project.